DGAP-News

BVB-share: GSC Research GmbH recommends ´buy´

DGAP-News: Borussia Dortmund GmbH & Co. KGaA / Key word(s): Research
Update
BVB-share: GSC Research GmbH recommends ´buy´

11.03.2013 / 11:12

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The GSC Research GmbH, Düsseldorf (´GSC´), has published a research study
dated March 08th, 2013, with a ´buy´ recommendation and a target price of
3.80 EUR.

The enormous sporting success of Borussia Dortmund becomes now also visible
in the figures. Given to the fact that the Club is well underway to qualify
again for the group stage of UEFA Champions League in the next season
further profits despite of higher personnel expenses should be possible.
Notwithstanding the current rises GSC therefore assumes further share price
potential.

For further information please see the column ´capital markets view´ under
www.bvb.de/aktie.

Dortmund, March 11th, 2013

Borussia Dortmund GmbH & Co. KGaA
Borussia Dortmund Geschäftsführungs-GmbH

End of Corporate News

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11.03.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English                                               
Company:     Borussia Dortmund GmbH & Co. KGaA                     
             Rheinlanddamm 207 - 209                               
             44139 Dortmund                                        
             Germany                                               
Phone:       [phone] - 746                                     
Fax:         [phone] - 85746                                   
E-mail:      [e-mail]                                          
Internet:    www.bvb.de/aktie // www.aktie.bvb.de                  
ISIN:        DE0005493092                                          
WKN:         549309                                                
Listed:      Regulierter Markt in Frankfurt (General Standard);    
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,   
             Stuttgart                                             

End of News    DGAP News-Service  

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203499 11.03.2013